Press Release

December 12, 2013

Arangkada Philippines Third Anniversary Forum: More Reforms = More Jobs!

The Joint Foreign Chambers of the Philippines (JFC) will be holding the Third Anniversary Forum of Arangkada Philippines with the theme More Reforms = More Jobs! on February 26, 2014 at the Rizal Ballroom, Makati Shangri-la Hotel. The Philippine economy has been experiencing high economic growth but has not created sufficient, better quality jobs for the unemployed and underemployed. This year, the JFC has selected the theme More Reforms = More Jobs! which reflects the Aquino administration policy agenda to pursue inclusive growth. In February 2013, the JFC organized its Second Anniversary Forum with the theme Realize the Potential!, a statement that recognizes the Philippines great potential to be a growth leader among emerging economies. Over two-dozen speakers from the public and private sectors will discuss issues critical to more investment, and a strong economy, following the theme of having More Reforms = More Jobs! Results of the Third Anniversary Assessment will also be unveiled at the Forum to update participants on the countrys progress in accomplishing the 471 recommendations listed in the original Arangkada Philippines: A Business Perspective report published in December 2010.

February 26, 2014 at the Rizal Ballroom Makati Shangri-la|www.arangkadaphilippines.com/forum2014

American

Australian-New Zealand

Canadian

European

Japanese

Korean

Philippine Association of Multinational Companies RHQs/RoHQs

The Arangkada recommendations are based on the insights of nearly 300 Filipino and foreign investors who participated in nine focus group discussions held to provide data for the original report. Such reforms, if implemented, would result in $75 billion in new foreign investment, create 10 million jobs, and generate over a trillion pesos in revenue for the economy within this decade by enabling strong growth of the Big Winner Sectors: Agribusiness Creative industries Information technology Infrastructure Manufacturing and logistics Mining Tourism, medical travel, and retirement The Second Anniversary Assessment conducted in late 2012 involved more than 40 private sector experts who collectively evaluated all 471 recommendations. These experts included senior consultants, former public officials, business executives, and academics. Each recommendation is rated using a six-star system: 1 star 2 stars 3 stars 4 stars 5 stars 6 stars No Longer Relevant Backward / Regression Not Ongoing Started Substantial Progress Completed

Ratings in the Second Assessment showed that about 65% of the recommendations are moving forward. Participants may register online at www.arangkadaphilippines.com/forum2014. The full-day forum will be streamed live on the Arangkada Philippines Projects (TAPP) official website (www.arangkadaphilippines.com) and forum website
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(arangkadaphilippines.com/forum2014). Live Tweets and status updates will also be available on the official Arangkada social media accounts: @ArangkadaPH for Twitter and fb.com/arangkadaphilippines for Facebook. Soft copies of the assessments and the 2010 report are available on the TAPP website. Since launching in July 2011, the Arangkada Philippines website has received over 250,000pageviews from over 70,000 unique visitors from 167 destinations, which includes apart from the Philippines the United States, Singapore, Japan, Hong Kong, Australia, Malaysia, Canada, United Kingdom, India, and South Korea. NOTES The JFC is composed of the American Chamber of Commerce of the Philippines, Australian-New Zealand Chamber of Commerce of the Philippines, Canadian Chamber of Commerce, European Chamber of Commerce of the Philippines, Japanese Chamber of Commerce and Industry of the Philippines, Korean Chamber of Commerce of the Philippines, and Philippine Association of Multinational Regional Headquarters. For general inquiries, please call our Program Manager, Dana Abasa at +63 2 757 3500 loc 309, or email dtabasa@teamasia.com. For registration inquiries, please call our Registration Manager, Lien Dimzon at +63 2 757 3500 local 328, or email lbdimzon@teamasia.com. For sponsorship inquiries, please call our Sponsorship Manager, Karen Balce at +63 2 757 3500 local 314, or email kbbalce@teamasia.com. For tickets, enjoy an early bird rate of 3,500 pesos per delegate until December 31, 2013.

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